The Real Deal - New York Real Estate News

Offset buys Cardi B a hilltop mansion in the Dominican Republic for her birthday

Posted: 17 Oct 2021 09:00 AM PDT

How’s this for a birthday present? The rapper Offset gave his wife, Cardi B, a mansion in the Dominican Republic. The six-bedroom home, in a guard-gated community in the northeastern coastal town of Las Terrenas is valued at $1.5 million, according to TMZ. Representatives for listing brokers Atonio Khoury and Brandi Hunter of Compass didn’t disclose the sales price. Cardi, born in New York to a Dominican father and Afro-Trinidadian mother, wrote on Instagram that

New Philippine tax on foreign gaming companies could deal another blow to office market

Posted: 17 Oct 2021 06:00 AM PDT

A new tax on online gambling operators in the Philippines could drive up the nation’s already high office vacancy rate. The tax, signed into law last month by President Rodrigo Duterte, may prompt foreign gambling outfits and Chinese-owned companies in particular to move elsewhere, according to Hong Kong’s South China Morning Post. Vacancy rates may rise to 18 percent by the end of the year, the highest in 17 years, said Claro Cordero Jr., the